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Consumer inflation expectations increase in October

26 October 2020
News

According to inFOM surveys commissioned by the Bank of Russia, estimates of inflation observed by households and inflation estimates for a year ahead continued to grow in October.

The increase of price expectations was also registered by the Bank of Russia’s monitoring of enterprises. Analysts’ inflation forecast for 2020-2022 was virtually unchanged, remaining close to 4%. More information is available in the Bank of Russia’s new information and analytical commentary Inflation Expectations and Consumer Sentiment.

Preview photo: Simon Kadula / Shutterstock / Fotodom